Bullish momentum for oil continues
As expected, oil has continued its longer-term bullish sentiment and is now moving firmly towards the $85 per barrel price target I highlighted some time […]
As expected, oil has continued its longer-term bullish sentiment and is now moving firmly towards the $85 per barrel price target I highlighted some time […]
The price of oil has continued to rise over the last few sessions as I suggested it would in my post of last week. At […]
Solid gains for oil this morning as the WTI futures contract continues to build on bullish momentum and following on from the break away from […]
Time to revisit the daily chart for oil, and as I forecast last week, the recovery off the plunge lower looked weak, and we could […]
Following the postponement of the scheduled virtual OPEC meeting today, and which is now set for Thursday, it’s an apposite moment to consider both the […]
A classic example of price and volume in agreement over several candles rather than one, on the 4 minute chart for the WTI oil futures. […]
Oil was no exception today and joined the sea of red in most markets, but for volume traders today was an interesting one when we […]
As we start in the US futures session, Anna explains the background and forces now aligned as the price of oil collapses and triggers panic […]
Next a look at oil, and again from my post of last week this is what I suggested on the daily chart: Note the high […]
In my last post for oil I highlighted the well developed area of support at the $58 per barrel region and its significance to the […]
Short term correction or longer term reversal? This is the question many longer term oil traders are considering and whilst it is early days to […]
Oil is the second of our commodities much in focus today, with Friday’s knee jerk reaction to the geopolitical events propelling it higher on the […]
As always, the technical and fundamental picture for oil is both mixed and confused with a variety of factors playing out for the commodity over […]
The weekly chart for oil is an interesting one from a technical perspective, with last week’s price action adding further weight to the argument that […]
Crude oil is another commodity which has an interesting technical picture and certainly one for volume aficionados as there is a clear anomaly which has […]
In my post on oil of the 10th July, I highlighted the importance of the ceiling of resistance at $60.20 per barrel and whether this […]
In my previous post on oil, I suggested bullish momentum was returning for oil when the commodity was trading at $57.96 per barrel, but with […]
It was commodities which have delivered some explosive price action over the last few days as strong moves in the US dollar have helped to […]
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